Tag: Property Taxes

Posted on 11/20/2023

What is property tax deferment?

In real estate, a property tax deferment means a temporary...

Property Tax Deferment

Property Tax Deferral

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Posted on 10/02/2023

What is capital gain on real estate?

Among the myriad costs associated with selling a home,...

Real Estate Taxes

Capital Gains Tax

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Posted on 01/16/2023

What is PITI? Understanding your financial situation

PITI, which is short for "principal, interest, taxes and insurance," is an essential term to know for anybody seeking a mortgage loan. The acronym refers to the relationship between these four numbers expressed in a ratio and can tell lenders about your financial status. Here is a breakdown of the term and why it matters to potential homeowners...

Insurance

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Posted on 03/14/2022

Ad valorem tax: What it is & how to calculate it

Latin for "according to value," the term "ad valorem" is common in tax conversations. An ad valorem tax is flexible and dependent on the value of the specific asset, product or service. If you're a property owner, you're paying an ad valorem tax on your property taxes. To better understand how this term is used, here is a...

Ad Valorem

Appraisal Value

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